right to info
mukesh
(Querist) 01 January 2010
This query is : Resolved
I am from rural area of Gujarat. There are two or three nationalised banks in my small town. SBI is the oldest. A wide range of clients SBI has. For illiterate, middle class, poor and trible people of our rural area SBI is "THE GOVERNMENT BANK" where their money is safe. Most people don't know about MUTUAL FUNDS UNIT LINKED INSURANCE SCHEMES OR OTHER SHARE MARKET LINKED PRODUCTS. People go to SBI with full of trust.
Here is the story. During 2007-08 pick period of share market SBI expands its MF and insurance business in our town.
Someone goes to put his hard earned money as FD to SBI for safty plus interest. Here the staff of the bank cheated so many peoples. Without the knowledge of clients they put their money to market linked products where they earned handsome commission.
Now I want to get the list of the clients who put their money during that period. Can I get that info with the help of RTI?
Arul Kumar
(Expert) 01 January 2010
If you have the proof of mishandling of public money, you can first approach the Chief Officials of he Bank and if relief is not granted, you can approach the higher authorities and you can also get information under RTI Act.
Raj Kumar Makkad
(Expert) 01 January 2010
It is difficult to be provided the details of the investment of other customers of bank due to provision of secrecy. It shall be better if you summon the entire such record in the court through process of the court. Individual bank customer can only get the details of his investment and RTI do not permit such statements to others.
